In this video update, we take a look at AUDUSD as we may see price return back to structure highs to find support. Price has recently broken out of the daily trendline resistance and the previous structure highs. If we see the pullback to the highs, we should see this act as support. If we see bullish price action look for the long opportunity into the 0.7200 resistance.
In this video update, we digest the comments made by the fomc yesterday and in particular the Fed Chairman Powell suggested rate hikes will be unlikely before the end of 2019. Many economists predicted we would see one more rate hike before the end of the year and they were left disappointed with these comments. Technically the 3hr chart is showing lower lows and...
USDJPY has been relatively subdued lately as price forms a consolidation pattern at the key resistance. With the FOMC likely to remain dovish we could see a break lower with price heading towards 108.00 support. However, if the FOMC press conference reveals any form of growth in the US economy that could lead to a rate hike we could see 114.00 sooner that anticipated.
In this video update, we take a look a GOLD as it breaks out of the bearish corrective structure. If we see the FOMC later this evening hint at any form of growth we could see some short-term strength in the USD pushing GOLD prices lower. Technically we can see that price has broken through the bearish channel and re-tested forming bearish price action. If the...
Hello traders, I hope trading goes well. Well, it's been sometime since I made video analysis, so after looking at some old charts I came up with an idea to update you on some of the FX market since December video analysis. Also, I see some very interesting developments on EURUSD at the moment. I really think it's worth to keep an eye on it. Please, if you...
In this video update we discuss the situation with GBPUSD and how traders get sucked into the extra volatility. Be mindful that Brexit headlines are unpredictable with the deadline fastly approaching. Technical analysis is less likely to work on a pair that is driven politically.
In this video update, we take a look at USDCAD is the market consolidates at the key support zone. If the FOMC seem dovish towards the rate of which they move interest rates we could see a break of the 1.3300 demand zone and continuation lower. However, if price forms a higher high we could anticipate that prices will move towards the key 1.3440 level.
In this video update, we take a look at USDCHF as it approaches the key demand zone. If price finds support here we could look for short-term trading opportunities back towards the double top neckline on the 4hr chart. If the FOMC come across dovish we could see the demand zone broken through, and closed below causing further downside for the currency pair.
In this video update, we take a look at silver as we expect the daily double top pattern neckline to act as resistance before price moves lower. The neckline has not been testes yet and sometimes the market will gravitate to previous lows before continuing its move lower and this is what we expect to happen here with Silver. If price forms bearish price action...
In this video update, we take a look at AUDUSD as we could see potential upside into the key weekly resistance of 0.7200. The 4hr chart is making higher highs and we could expect price to retrace back to the key highs and find support. If price forms bullish price action we could look for long trades into the key resistance.
In this video update, we take a look at EURUSD as seasonally the EURO typically sees growth through March and April. The weekly chart closed back above the 1.1300 resistance suggesting we could see further upside and for the market to trade back within the range. The 4hr chart is currently forming a higher high which gives us the option to look for further long...
NZDUSD has been playing out within a large consolidation pattern on the daily and weekly timeframe. Price seasonally for the kiwi sees growth and we could expect prices to break higher moving forward. However, we have to remain aware that price is within this larger timeframe consolidation and price could remain here if we see any rejection of the higher trendline...
In this video update we take a look at USDCAD as price is starting to form a double bottom pattern of the key 1.3300 demand zone. Going forward into next week, if price breaks the neckline of the pattern and forms a higher high, we can expect prices to continue to move higher into the next resistance point of 1.3450.
In this video update, we take a look at the USDCHF weekly chart in anticipation of the weekly candle finishing bearish. If this does finish bearish we can expect price to retrace next week back into the double top neckline resistance. If price finds resistance here we can expect price to head back towards the key parity level.
In this video update, we take a look at Brent Crude Oil after identifying the bullish trend on the daily chart, as the monthly retraces back to the key lows. If we expect the market to test these lows we should be looking for continued long opportunities.
In this video update, we take a look at USDCAD as price finds support back at the key 1.3300 level. We will be looking for a daily bullish close to confirm that price has held at the support. If we see this, we have an opportunity to dive into our lower timeframes and look for continued moves to the upside.
In this update, we take a look at USDCHF as price rejected the key weekly level. The 4hr timeframe highlighted a potential double top pattern which has now completed. Looking for price to re-test the neckline on a lower timeframe to take short again.
In this video update, we take a look at a potential short opportunity on USDJPY. The weekly chart rejected the double top neckline with price looking likely to continue lower. The 1hr chart is forming a bearish breakout pattern and with CPI data coming in weaker the Fed is going to struggle to hike rates.